iQIYI Gains 7% After AI Film Restoration Earns Golden Rooster Nod
As seen on the 24/7 Wall St. homepage on November 6, 2026.
A 7.06% intraday pop comes hours after the streamer said its AI film restoration work was shortlisted, pushing the sub-$1 stock toward the dollar mark.
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Press release
iQIYI AI film restoration shortlisted
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Dec 31, 2025 · SEC 10-K
Moves: Nov 6, 3:20 PM ET · Alpha Vantage quote
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Shares climbed about 7.1% in regular trading, pushing the stock close to the $1 mark, a threshold that carries real significance for a name trading in sub-dollar territory.
Before the open, a press release via PR Newswire announced that iQIYI's AI film restoration project, NadouPro, had been shortlisted for the AI Unit at the Golden Rooster Awards, one of China's most prominent film industry honors. Shortlist recognition at that level signals that the company's technology is being taken seriously well beyond its own platform.
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The stock advanced in two distinct waves rather than one burst, with buyers returning after an early push stalled.
Competitor Weibo rose 1.79% on the same day, so some of iQIYI's gain reflects a broader lift in Chinese internet names, but the magnitude of iQIYI's move stood well apart from that peer. The Golden Rooster shortlisting gives the stock a company-specific story that Weibo's session gain does not share.